HF0002Individual income and property tax class rates modified, HMO and nonprofit insurance premiums tax repealed, health care taxes phased out, education homestead credit increased, and general education levy reduced.ARTICLE 1INCOME TAXESSection 1: individual income tax rate schedules modified. Sec. 2: inflation adjustment of individual income tax brackets provided. Sec. 3: alternative minimum tax on preference items rate reduced. Sec. 4: tentative minimum tax reduced. Sec. 5: alternative minimum tax exemption amounts provided. Sec. 6: adjusted net minimum tax formula modified. Sec. 7: effective date.ARTICLE 2PROPERTY TAX REFORM Sec. 1: class 1a property tax class rate reduction provided. Sec. 2: class 2a and 2b property tax class rate reductions provided. Sec. 3: class 3a property tax class rate reduced, and class 3b property tax rates provided. Sec. 4: class 4a property tax class definition clarified, and rate reduced; class 4b, 4bb, and 4c property tax class rate reductions provided. Sec. 5: class 5 property tax class rate reduction provided. Sec. 6: general education homestead credit maximum increased. Sec. 7: commissioner of children, families, and learning appropriated money annually for reduction in the statewide general education property tax levy. Sec. 8: repealer. Sec. 9: effective date.ARTICLE 3HEALTH CARE TAXES Sec. 1: insurance premiums tax on health maintenance organizations and nonprofit health service plan corporations repealed. Sec. 2: health plan company cost containment exempted taxes and assessments definition clarified. Sec. 3: staff model health plan company definition provided. Sec. 4: insurance premium tax on self-insured employers repealed. Sec. 5-9: conforming changes provided. Sec. 10: hospital, surgical center, provider, and wholesale drug distributor tax reduced. Sec. 11: health care access fund repealed, and funds transferred. Sec. 12: repealer. Sec. 13: effective dates.CTH